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The Board is pleased to announce that a payment of 125p per share, representing the regular annual distribution for the year ended 31 December 2020 will be accelerated from early July to be paid on 26 March 2021 as an interim dividend. The record date for this payment is 12 March 2021, the ex-dividend date is 11 March 2021.

 

The schedule of payments made or planned to be made under the Capital Return Programme is as follows:

Original Plan

New Plan

Original Plan

Pence Per Share

New Plan

Pence Per Share

28 June 2013

 

28 June 2013

4 July 2014

75

-

75 paid

70 paid

30 June 2015

 

 

2 April 2015

1 April 2016

31 March 2017

95

-

-

95 paid

110 paid

25 paid

30 June 2017

 

 

3 July 2017

29 March 2018

2 July 2018

110

-

-

110 paid

125 paid

110 paidΩ

30 June 2019

 

29 March 2019

2 July 2019

-

110

125 paid

110 paidΩ

30 June 2020

 

 

 

2 April 2020

6 July 2020

14 September 2020

14 December 2020

115

-

125 cancelled*

110 postponed*

40 paid

70 paid‡ 

30 June 2021

 

26 March 2021

August  2021

December 2021

-

115

-

125 paid

55^

55^

 

July 2022

 

125^

 

^ Payment subject to continual review by the Board.

▲ Paid by a B/C Share Issue.

‡ Paid as an Interim Dividend.

Ω Paid as a Final Dividend.

* Covid-19 - dividend cancellation and postponement - due to the major social and economic disruption caused by the onset of the Covid-19 pandemic, after careful assessment of the capital needs of the business, the Board (i) cancelled the 125p per share interim dividend that was scheduled to be paid on 2 April 2020 and (ii) postponed the payment of the final dividend for the 2019 financial year of 110p per share that was scheduled to be paid on 6 July 2020. During the second half of 2020 the Board continued to assess the ability of the Company to make distributions to its shareholders. Reflecting the continued good progress made by the business, a dividend of 40p per share was paid on 14 September 2020 and a further dividend of 70p per share was paid on 14 December 2020. These two distributions fulfilled the payment of the final dividend of 110p per share for the year ended 31 December 2019 which had previously been postponed.

 

Record dates and payment dates for dividends recently paid to shareholders:

Payment date

Amount per share

Ex-dividend date

Record date for dividend

26 March 2021

125p

11 March 2021

12 March 2021

14 December 2020

70p

26 November 2020

27 November 2020

14 September 2020

40p

27 August 2020

28 August 2020

2 July 2019

110p

13 June 2019

14 June 2019

29 March 2019

125p

7 March 2019

8 March 2019

2 July 2018

110p

14 June 2018

15 June 2018

29 March 2018

125p

8 March 2018

9 March 2018

3 July 2017

110p

15 June 2017

16 June 2017

31 March 2017

25p

9 March 2017

10 March 2017 

1 April 2016

110p

3 March 2016

4 March 2016